Ripple (XRP) Price Hits 109% Monthly Gain as Indicators Weaken | Airdrop Alert Pro

Ripple (XRP) price has experienced significant gains, rising by an impressive 51.33% in the past seven days and an impressive 109.09% in the past month. This strong momentum has pushed XRP into a bullish phase, with key indicators such as EMA lines supporting its upward trajectory.

However, there are signs of waning momentum, such as the decline relative strength index And CMF is negative, indicating that caution may be needed. Whether XRP continues higher or faces a sharp correction will depend on how the market reacts to these changing dynamics.

XRP RSI below overbought zone

XRP’s RSI has dropped to 60 after approaching 90 on November 16 and remaining above 70 between November 15 and 17.

This decline indicates ripple It has emerged from overbought territory after strong buying pressure drove its price higher. The decline suggests the market is cooling down and traders may be taking profits after a strong rally.

this relative strength index A measure of the speed and magnitude of price changes, with values ​​above 70 indicating overbought conditions and below 30 indicating oversold levels. XRP has an RSI of 60, reflecting still positive momentum but a more balanced sentiment compared to the previous surge.

While the uptrend remains intact, a lower RSI could indicate a slowdown in the pace of gains and possible consolidation as the market stabilizes. If buying pressure returns, Ripple price An extension of the uptrend is likely, but a further decline in the RSI could signal a weakening of the bullish momentum.

Ripple CMF is now negative after remaining positive for 14 days

Ripple Chaikin Money Flow (CMF) is currently at -0.12 after being positive between November 5 and 19. This is also the lowest level since October 31. This shift toward negative values ​​reflects increasing selling pressure and potential capital outflows. assets.

Earlier this month, CMF values ​​shifted from positive values, indicating that bullish momentum is weakening as more market participants reduce their exposure to Ripple.

CMF measures the amount and flow of money into or out of an asset, with positive values ​​indicating capital inflows (bullish) and negative values ​​indicating capital outflows (bearish).

XRP’s CMF is -0.12, indicating that bearish sentiment is starting to build, which could put pressure on its price despite the recent upward trend. If the CMF remains negative or falls further, it could indicate continued selling pressure, posing a challenge to the market Ripple The ability to continue upward movement.

Ripple Price Prediction: Highest Price Since 2021?

XRP’s EMA lines are currently showing a bullish pattern, with the short-term lines above the long-term lines and the price trading above all long-term lines.

However, the narrowing distance between the price and some of these lines suggests that bullish momentum may be slowing. This may indicate that the uptrend is weakening, Ripple price Vulnerable to shifts in market sentiment.

If a downtrend occurs, as shown by a weakening RSI and a negative CMF, corrugated price There may be significant pressure and a drop to support at $0.49, which would represent a sharp 56% retracement.

On the other hand, if the uptrend resumes strong, XRP could climb to test $1.27 levels and possibly break above $1.30, which would mark its highest price since May 2021.